1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leni [432]
2 years ago
9

Assume the government sets a price ceiling, or maximum price800 rent per month Based on the graphwhat will be the outcome of thi

s price
Business
1 answer:
Semmy [17]2 years ago
5 0

The outcome of the ceiling price $800 rent is that the quantity supplied will remains at the same.

<h3>What is a price ceiling?</h3>

This refers to a price order by the government that keeps a price from rising above a certain level known as the “ceiling”.

In the graph, the horizontal line at the price of $800 shows the maximum price set by the rent control law.

The forces that shifted the demand curve to the right are still there, but, at this price, the quantity supplied will remains at the same 15,000 rental units although the quantity demanded is 19,000 rental units.

Read more about price ceiling

<em>brainly.com/question/2759444</em>

#SPJ1

You might be interested in
Taylor has added the tables tblcontractor, tblbilling, and tblinvoices to the relationships window. he has created a relationshi
Eduardwww [97]
This type of relationship is "one-to-one relationship".
One-to-one relationship is a term that shows a relationships of two items in which only one item can belong to the other item as taylor show the <span>relationship between the tblbilling and tblcontractor, </span>and you can easily represent this type of relationship in databases and you can easily understand this relationship.
5 0
3 years ago
Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4
Bogdan [553]

Answer:

B. £0.2055/$

Explanation:

Given that

An Ounce of gold cost = $20.67 in US dollars

An ounce of gold cost = £4.2474 in British pounds.

Therefore,

Exchange rate per 1 dollar

= 4.2474 ÷ 20.67

= 0.20548

= 0.2055.

This means that 1 dollar is equivalent to 0.2055 British dollars at that time using that exchange rate.

£0.2055/$

6 0
3 years ago
Suppose the inflation premium is 2 percent and the nominal interest rate is 1 percent. Instructions: In part a, enter your answe
Fudgin [204]

Answer:

(a) Real Interest Rate   = -1 %

(b) Real Interest Rate   = -2.4 %

Explanation:

Real Interest Rate = (1+ Nominal Interest rate)/(1+Inflation Rate) -1

 (a)Real Interest Rate = (1+0.01)/(1+0.02)-1

                                    = -1 %

 (b) Real Interest Rate = (1+0.005)/(1+0.03) -1

                                      = -2.4 %

Real Interest Rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.

8 0
3 years ago
Which of these guidelines helpful to maximizing the effectiveness of a brainstorming session is defined as, "Participants are en
astra-53 [7]

Answer:

The answer is a. Respectful communication.

Explanation:

Respectful communication involves encouraging participants to exchange ideas, further develop those ideas during the session, and to respect the opinions of others

6 0
3 years ago
based upon the current ratio, how would creditors or lenders feel about the liquidity of the buisness? why?
damaskus [11]

Answer:

Current ration is a measurement that measures how many current assets are there to cover up the current liabilities. the ratio represent the firm's ability to meet the day to day, short term obligations.

it is calculated as follows,

Quick Ratio/Current asset ratio=Current Assets/Current Liabilities

a normal, health current asset ratio is 1. and it is better when the number is going up.

This gives the short term lenders (such as short term bond holders) and suppliers the ability to assess the companies ability to pay off the short term obligations in an even of  bankruptcy or  finanacial crisis.

Explanation:

4 0
4 years ago
Other questions:
  • Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. th
    9·1 answer
  • In the context of populations in the united states, millennials:
    9·2 answers
  • Manufacturing output in the u.s. continues to increase. the high unemployment of skilled workers who previously worked in the ma
    7·1 answer
  • 10. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variabl
    14·1 answer
  • 12. the market for rice in an east asian country has demand and supply given by Qd = 28 -4P and Qs = -12 + 6P, where quantities
    9·2 answers
  • Jessica lists her faulty treadmill for sale on craigslist but does not disclose the problems with it. If Blake buys the treadmil
    8·1 answer
  • A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w
    9·1 answer
  • The mountain dew ads imply that the company is using which positioning approach as identified by professor ernest martin? use/ap
    10·1 answer
  • It is important to accommodate diverse cultural needs to set your
    8·1 answer
  • Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!